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Author Topic: How you can build trust in the crypto community?  (Read 273 times)
wheelz1200
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January 15, 2024, 11:09:30 PM
 #21

Dont worry about "trying" to build trust.  If you are working on a legit product or project then just let the work speak for itself.  Set deadlines and announce them when theyvare attainable and when you cant keep on schedule articulate out to the people who hold your coin/token.  Don't use pump groups and don't focus on coin price.  Keep conversations based around your project. 
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January 16, 2024, 06:15:59 AM
 #22

Took a quick look at your website: probably stop being misleading?

"Our Partners & Platform: Pancakeswap, DexView, DexTools, CoinMarket". Calling these platforms "partners" is like me saying that I'm partnered with Ethereum just because I made a transaction using their blockchain, and that I'm a partner of Kleenex just because I use their tissues to wipe my ass.
I second that. These kinds of practices usually indicate that a project isn't serious and is only trying to lure people in and scam them. I've seen a lot of non-serious and scam projects having the names of very famous projects and companies on the Partners page only to win the trust of people and make them think that they are a serious project with a lot of connections and partnerships in the industry while that is a complete lie and deception and they have none of those companies and projects as their partners.

This tactic is used because the creators of such projects understand that newbies and those who haven't been around the industry for long will think that the project is a great and trusted one. After all, it has a lot of great partnerships and they can't be a scam if they have so many big names on their website.

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January 16, 2024, 01:16:52 PM
 #23

Do you think the development of Cogitex and cryptocurrencies in general can be improved?

Well, to be honest, at least you gave up on your initial (apparently stupid) idea of building robots to colonize Mars. I call that progress!  Wink

Now it's time to take a step back and come up with an idea grounded in reality that you can actually pull off and  no need to try to run a marathon before you can walk.  Just start small with something manageable and work your way up from there.

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January 22, 2024, 01:46:42 PM
 #24

Honestly, with the number of scam projects flooding the market, it was hard for the community to trust new projects because most of the assumptions based on their experience as well, are mostly scams. If you think OP that your project will easily get the trust of the community, that is uncertain unless your team and the project have the following things;
 - use case
 - transparency
 - consistency

But just like others said, trust builds gradually but also it fails when the community never sees any potential in the project.
Be patient, as long as your intention is good and will help the crypto community grow, the time will come.
It's a pity that genuine new projects can get affected by this. But it's best to not judge a new project easily and before we do that, make sure first to make a research. There are still old projects that are not performing well and can remain like this, despite being legit. So, we should not be bias and blame only one side of the coin.

Even if all the positive criteria are met up, it is indeed that trust won't still be attained easily because how many times we witnessed a project that start really well and turned bad later on? Some don't have the intention to scam at the beginning but money changes everything or everyone as they say.

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January 22, 2024, 02:11:31 PM
 #25

Everything is based on trust, Initially, the product must be functional and function correctly. Yes, I agree that no one canceled early access, but all points from the roadmap must be completed on time. If you feed them with promises, you will immediately ruin your trust, because there are a lot of people like you. What is important for people is that they are investing in a working project that will not close in the near future.

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January 22, 2024, 02:17:03 PM
 #26

Hi everyone.

I'm the creator of Cogitex, and I'm reaching out to you with questions to better understand what matters to people.

How can you build trust in the crypto community, and what do you think Cogitex can do to earn your trust?

I'm ready to hear from each and every one of you. Share your experiences and ideas. Do you think the development of Cogitex and cryptocurrencies in general can be improved?
Well building trust from the community is not easy but start by being transparent and legit. If someone asked questions then feel free to answer it without any restrictions. Also its quite okay if you will not be an anon on your project. People now invest in People that they can see your face or social profile.

Btw whats the nature or purpose of your platform?

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January 22, 2024, 02:31:42 PM
 #27

The only trust that exists here in in yourself because cryptocurrency itself istrusless, and unless it follows the concessuceship it doesn't make valid verifiable point, so as long as you have this understanding in place, you will not be making any posible mistakes that can lead to loses for you in the long run, this is because at that point you already risking it.

So first once you mentained a high privacy and try to go legit by not being too greedy, on the long run, you become familiar with you cryptocurrency community being able to attract with one another and also making sure that you are not greedy and be legit yourself.

This way you can easily build your trust portfolio and manage any risks that you think you can manage at that point in time.

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January 22, 2024, 02:59:06 PM
 #28

First of all you are welcome and well done for bringing a project to the forum for the awareness of all and probably for use to use. But at first you would have included the website link in the Op for easy assess. Well I browsed the internet through google search and found the website though there are other related information are there but I was able to detect the original website or yours because your's is talking about cryptocurrency and Blockchain.

To create trust to the project is not really hard and all depends on your, who is the developer of the token. First of all you have to create or develop the project independent as a decentralized system and with that, it will be out of third party control and also create a particular special Blockchain network and not to attach yourself to another Blockchain so that there will be no ordinals disturbance and if the Blockchain which attached yourself collapsed it will not affect your network and transaction but you have already fail that one because you already attached yourself to Binance Smart Chain. And anything that happens to Binance Smart Chain network will also affects you. Now your transaction fee most be very low so that business can accept your token in their business and also for the individual who will use it to buy things will will be very happy to use it because the tx fee is very low.

And finally there is no clear cut definition of the "USES" of the token in the whitepaper. The whitepaper did not specify how the token is going to be used. Like bitcoin specify that I t is going to be p2p. And that is how everyone is using but yours is no specification. So far so good from the research I have made, I will not give a pass mark and will not trust your token yet until I see the independent and the mean of uses of the token.

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January 22, 2024, 03:03:25 PM
 #29

I try to give my opinion and of course from everything I have read above, there is always transparency of course and I think you should look for someone who understands the most in navigating the project other than you and has educational language skills so that an active forum or communication channel is built so that it will be successful. It's easy to interact with users by involving the community in various Cogitex events that you have discussed. Apart from that, try to continue to innovate in improving security, scalability and user interface.

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January 22, 2024, 03:36:21 PM
 #30

How can you build trust in the crypto community, and what do you think Cogitex can do to earn your trust?
Just keep it simple and be transparent. Observing those two is already a problem half solved. Don't over promise in order to get up your subscriber base. Whatever you promise you would do, whether here or on your website, be sure to keep it. Not keeping promises is a surest way of speeding up loss of confidence in projects/people.

Quote
Do you think the development of Cogitex and cryptocurrencies in general can be improved?
Of course, it can. Though I've yet to check your project out, I do believe that your desire for feedback from this community is a good one. However, know that you're going to get criticism of the type you may not have thought of. Just keep going, provided you're on the right track, all will fall into places for you.

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January 22, 2024, 04:05:54 PM
 #31

I'm ready to hear from each and every one of you. Share your experiences and ideas. Do you think the development of Cogitex and cryptocurrencies in general can be improved?

Isn't your token already traded on a DEX exchange? Or I see it wrong, your token is on coinmarketcap.
So actually your project has gathered trust from the community that you built yourself. then what kind of belief do you want?
nothing is easy, you have to see how Ethereum or Binance struggle and grow.

but I got strange information from your website.
you mentioned Coinmarketcap as a partner. but I see the information on coinmarketcap CGTX token is not verified. How do you actually register a partnership with CoinMarketCap?
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January 22, 2024, 04:11:15 PM
 #32

it's simple, if you are a project manager and want to build trust in the community that is by proving that your project is consistent with its vision and mission, the information available on your website can be trusted by users, your project is open to the community, and your project development is clear and transparent to users.

because what the community needs for a project is how they are consistent, transparent, open, and can be trusted by the community, not just super great narratives that are promised if they are successful or how they empower the community in the future. prove from now on that your project can be trusted by the community, don't just narrate and make promises.

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